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NEW YORK (CNNMoney.com) -- The epicenter of foreclosures shifted to the booming city of Las Vegas at the end of 2007. Seven of the top 100 worst-hit zip codes last December were in the gaming ...
In 2005, entrepreneur Dallas Tanner and several others formed the housing and apartment investment company Treehouse Group in Arizona. [5] Between 2010 and 2011, it bought 1,000 distressed houses in Phoenix, Arizona, a city heavily impacted by foreclosures caused by the subprime mortgage crisis [2] and one of the first areas where private equity investor purchases of homes for rent took place ...
The retired NBA legend's sprawling Highland Park estate has been on the market on and off since 2012 Reuters 3 months ago Realtors group forecasts US 30-year fixed-rate mortgage averaging 6% in 2025
The Trust has hammered out agreements with major lenders to standardize acquisitions and let recipients of federal Neighborhood Stabilization Program funding get a first look at new foreclosures. [8] Las Vegas County also began working with the Stabilization Trust to get a "first look" at properties by receiving filtered properties in target ...
Research from real estate data aggregator Attom shows through the first half of 2024, Nevada was fourth in foreclosures nationwide, with 0.19% of homes in active foreclosure, ranking behind New ...
Nevertheless, in an illiquid real estate market or if real estate prices drop, the property being foreclosed could be sold for less than the remaining balance on the primary mortgage loan, and there may be no insurance to cover the loss. In this case, the court overseeing the foreclosure process may enter a deficiency judgment against the ...
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